China’s central bank said Friday that it would lower the amount of foreign-exchange deposits banks will have to hold, a move seen as a bid to shore up the yuan.
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Marketmind: Asia kicks off September with eyes on Beijing
But September could offer a fresh start. Recent policy decisions and other steps taken by Beijing and Chinese firms to jump start investor sentiment and support local markets has had an effect.
China Stock Market Rallies Again As Beijing Pumps Up Stimulus; Is It A False Dawn?
The China stock market rallied again on Tuesday as Beijing unveiled another new stimulus measure, putting more money in consumers’ pockets.
China’s economy isn’t on the verge of collapse, and markets are overlooking these indicators, China Beige Book says
There has been a rebound in car, furniture, appliance and luxury purchases, said Shehzad Qazi, managing director of China Beige Book.
China-Europe ties: EU narrows search for new Asia chief to 3 candidates with front runners hinting at bloc’s Beijing priorities
The European Union is looking for a new Asia chief to steer its changing China policy, with veteran official Gunnar Wiegand set to retire on Thursday. The bloc’s External Access Service (EEAS), its de …
Former staff of China-led bank dispute ex-PR chief’s allegations of Beijing influence
Canadian Bob Pickard quit the Asian Infrastructure Investment Bank in June, alleging the bank is controlled by Beijing’s ruling class and serves China’s geopolitical ambitions …
China’s Slowdown Is Being Ignored by Global Macro Managers
Global financial markets are showing few signs of fretting over all the negative headlines from China, however discouraging they may seem.
China’s Country Garden faces crucial vote to delay onshore bond payments
By Xie Yu, Clare Jim and Li Gu HONG KONG/SHANGHAI (Reuters) -Embattled Chinese property developer Country Garden faces a critical test of investor confidence on Thursday, as creditors prepare to vote …
China is on track to become ‘too risky’ and ‘uninvestable,’ Gina Raimondo says after Beijing visit
Official figures show foreign investment plunged in the latest quarter. Raimondo visited Beijing as part of U.S. efforts to restore relations that plummeted to their lowest level in decades due to …
Crisis in China’s ‘Shadow Banking’ Sector Leads to Defaults
A major Chinese trust company, Zhongrong International, has missed payments on multiple investment products, sparking fears about the sector as a whole …
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access to funding in an effort to boost economic growth. Most Read from BloombergUS Health Of …
China Is Speeding Up Infrastructure Bond Sales to Boost Spending
China’s local governments are accelerating the pace of borrowing for infrastructure investment, a move that could help lift economic growth while also putting pressure on financial markets. Most Read …
Embattled Chinese real estate developer Country Garden warns of more bad news—a possible default—as China’s economy teeters on the brink
Country Garden posted a record first-half loss of almost $7 billion and warned it may default on its debt, underscoring how China’s deepening real estate slump has battered one of its former property …
